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GFOA CPFO Exam - Topic 1 Question 36 Discussion

There are about 420 self-insurance pools regarding risk transfer, in America, many of which belong to the:
A) Association of Governmental Risk Pools (AGRIP)
B) Risk and Insurance Management Society (RIMS)
C) Insurance management Institute of America
D) All of these

GFOA CPFO Exam - Topic 1 Question 36 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 36
Topic #: 1
[All CPFO Questions]

There are about 420 self-insurance pools regarding risk transfer, in America, many of which belong to the:

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Suggested Answer: A

by Wilda at May 06, 2022, 07:20 PM

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Alease
9 months ago
Totally agree, AGRIP is definitely the leader here!
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Ressie
9 months ago
Wait, all of them? That seems like a stretch.
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Fannie
9 months ago
RIMS is also involved, but not as much as AGRIP.
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Erin
10 months ago
I think AGRIP is the main one for these pools.
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Dong
10 months ago
There are indeed around 420 self-insurance pools in the U.S.
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Benton
10 months ago
I vaguely recall that AGRIP is focused on governmental risk pools, so I’m leaning towards that being the correct answer.
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Vincenza
10 months ago
I feel like all of these organizations play a role in risk management, but I don't think all of them are specifically tied to self-insurance pools.
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Colene
10 months ago
I think I came across a practice question about AGRIP and RIMS. I want to say AGRIP is the right answer, but I could be mixing them up.
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Adrianna
10 months ago
I remember studying about self-insurance pools, but I'm not entirely sure which organization is the main one. AGRIP sounds familiar though.
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Ammie
10 months ago
Okay, I think I've got a good handle on this. Regulatory compliance and isolated data are definitely key challenges for financial institutions. I'll make sure to select those.
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Hannah
10 months ago
This seems straightforward. Increasing the rate to 50 will make the progress bar finish faster, so I'm pretty confident that option B is the correct answer.
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Willodean
10 months ago
This looks like a straightforward role assignment question. I'll need to carefully review the requirements and match them to the available role options.
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